Based on the article entitled "Driven by Electric-Vehicle Demand, Firms focus on Cobalt," which panel below best describes what was occurring in the market for cobalt (where the subscripts "1" and "2" refer to the initial demand or supply and then subsequent demand or supply, respectively)?Graph is drawn in the question

Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na